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Worried About Mortgage Affordability? You’re Not Alone.
For many Calgarians, one of the biggest concerns about buying a home is the monthly mortgage payment. Rising interest rates over the last few years made headlines and created real hesitation for buyers who wanted to make a move but were worried about overextending themselves.
But the good news is this: Calgary’s real estate market is looking up. Rates are beginning to ease, prices are softer than they’ve been in years, and smart strategies—like buying a home with a basement suite—are putting homeownership within reach again.